Approval as research institution under income tax provisions; subject to separate research accounts and annual reporting obligations. National Council of Educational Research and Training is approved as an approved institution for scientific research in natural or applied sciences excluding agriculture, animal husbandry, fisheries and medicines, subject to maintaining a separate account for sums received for eligible research and furnishing an annual return of its scientific research activities to the prescribed authority in the prescribed form by the stated annual deadline; the approval operates for the period set by the notification.
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Provisions expressly mentioned in the judgment/order text.
Approval as research institution under income tax provisions; subject to separate research accounts and annual reporting obligations.
National Council of Educational Research and Training is approved as an approved institution for scientific research in natural or applied sciences excluding agriculture, animal husbandry, fisheries and medicines, subject to maintaining a separate account for sums received for eligible research and furnishing an annual return of its scientific research activities to the prescribed authority in the prescribed form by the stated annual deadline; the approval operates for the period set by the notification.
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